Trump Administration Calls For 30 Pct. Boost In AI, Quantum Spending

Trump Administration Calls For 30 Pct. Boost In AI, Quantum Spending
Trump Administration Calls For 30 Pct. Boost In AI, Quantum Spending
August 14, 2020  |  Artificial Intelligence

Artificial intelligence (AI) and quantum information science will get a boost if Congress approves the Trump administration’s nearly one-third spending increase in next year’s budget....

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Citi Wants Revlon Lenders To Return $900M Paid In Error
Citi Wants Revlon Lenders To Return $900M Paid In Error
August 14, 2020  |  Loans

Citigroup Inc. paid nearly $900 million by mistake to Revlon Inc. lenders due to a clerical error and wants its money back, Bloomberg News reported....

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Movie Theaters Go Big To Bring Customers Back
Movie Theaters Go Big To Bring Customers Back
August 14, 2020  |  Retail

In case you missed it, PYMNTS reported that in the week of April 20, weekend movie box-office grosses came in at just under $34,000 total....

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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
August 14, 2020  |  eCommerce

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and...

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Oracle, Salesforce Face Class Action Lawsuits Over Privacy Violations Violations
Oracle, Salesforce Face Class Action Lawsuits Over Privacy Violations Violations
August 14, 2020  |  Legal

Data broker mega companies Oracle Corporation and Salesforce are facing class action lawsuits in the United Kingdom and the Netherlands, TechCrunch reported. Get the Full...

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Filings Reveal Payments At Center Of Fortnite/Apple/Google Legal Battles
Filings Reveal Payments At Center Of Fortnite/Apple/Google Legal Battles
August 14, 2020  |  Legal

The latest salvo in the legal battles against Apple and Google alleging antitrust behavior – where court dockets are getting decidedly crowded – is now...

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Today In Payments: Amazon Launches Bengaluru, India Online Pharmacy; DOJ Moving Forward On Big Tech Antitrust Probe
Today In Payments: Amazon Launches Bengaluru, India Online Pharmacy; DOJ Moving Forward On Big Tech...
August 14, 2020  |  News

In today’s top news, Amazon launched an online pharmacy in Bengaluru, India, and the Justice Department continues its antitrust investigation of Big Tech. Plus, Apple...

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Canada’s Competition Bureau Probes Amazon
Canada’s Competition Bureau Probes Amazon
August 14, 2020  |  Amazon

The Competition Bureau of the Canadian government is probing Amazon to determine if its behavior on Amazon.ca is affecting competition “to the detriment of consumers...

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Rent The Runway To Shutter Stores, Focus On Digital Shift
Rent The Runway To Shutter Stores, Focus On Digital Shift
August 14, 2020  |  Retail

Capping what has been a tough 2020 so far for clothing consignment and rentals, Rent the Runway announced Friday (Aug. 14) that it is closing...

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